The new policies will simplify procedures, explaining that instead of 95 laws and ordinances, investors only have to relate to two legal documents regulating planning.

The cement industry needs capable investors and large-scale producers to navigate eco-friendly and high efficiency production and generate quality products at lower costs, said Vietnam Cement Association chairman Nguyen Van Cung.

Investor permitted to start survey for giant offshore wind power farm

Viettel Post, the delivery arm of Viettel Group, has developed ride-hailing app MyGo for car, motorbike, delivery and transport services.

A lot of people from China, South Korea, even Japan are buying resort properties in Vietnam, which is considered a sign of an attractive market to investors.

The market is open to giants with enormous financial resources to become the leaders. However, this competition itself, as well as e-commerce, is predicted to be cutthroat.

Vietnam’s aviation sector has witnessed double-digit growth in passenger transport in the past decade, and the market is forecast to build up momentum in 2019, according to the Airports Corporation of Vietnam (ACV).

Japanese retail giant AEAON Co. will double the value of products it procures from Vietnam from the current level to 500 million USD in 2020.

Central province approves hi-tech farming project

The State Bank of Vietnam will continue to follow a pro-active, flexible and cautious monetary policy in the second half of this year.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is opening the door wide for Vietnamese tra fish to enter the markets of 10 other members of the deal.

Developing eco-industrial parks is among important programmes within the Switzerland’s cooperation and development framework for Vietnam, Swiss Ambassador to Vietnam Beatrice Maser Mallor said.

Vietnam spent 1.1 billion USD importing mobile phones and spare parts in May, up 36.2 percent from the same period last year, according to the Ministry of Industry and Trade.

UK based Enterprize Energy (EE) announced it had received a licence to conduct survey for a giant wind power farm offshore Ke Ga cape in the south central province of Binh Thuan.

FTA opportunities remain largely untapped: trade official

Covered warrants will be an alternative technical tool as foreign investors are not limited to buy the securities product and can freely trade it as domestic investors do.

The first Vietnam Venture Summit held in Hanoi recently saw venture capital funds commit millions of USD to Vietnamese startups, illustrating the confidence foreign investors have in the Vietnamese market.

Competition in the country’s credit card market has become stiff as more and more foreign and domestic banks as well as finance companies are competing to gain market shares.

Vietnam’s textile and garment industry is striving to achieve export turnover of more than US$40 billion in 2019, a year-on-year increase of 14-15 per cent.

Tighter regulations should be applied for people who buy products online under the cash on delivery (COD) form to prevent the situation in which customers refuse to receive the ordered goods.